Harvard’s Mendillo to step down as CEO of school’s investment arm

Reuters – Jane Mendillo, who has overseen Harvard University’s $32.7 billion endowment as president and chief executive officer of the school’s investment arm Harvard Management Company for six years, is planning to step down at the end of 2014, the university said on Tuesday [June 10].

The university, the richest in the world, said it has already begun looking for a replacement.